1. The problem involves analyzing the financial data of a company for the years ending March 31, 2024, and March 31, 2025, including income statements and balance sheets. 2. We are asked to interpret and possibly calculate key financial metrics such as profit, assets, liabilities, and equity based on the provided data. 3. The income statement shows sales, cost of sales, gross profit, operating expenses, other income, operating profit, interest, profit before tax, tax, and profit for the period. 4. The balance sheet shows non-current assets (buildings and machinery), current assets (inventories, trade receivables, cash and bank), total assets, equity (share capital and retained earnings), and liabilities. 5. To analyze profit, we use the formula: $$\text{Profit} = \text{Sales} - \text{Cost of Sales} - \text{Expenses} + \text{Other Income} - \text{Interest} - \text{Tax}$$ 6. For 2024, profit for the period is given as 20,790 (in thousands), and for 2025 it is 29,610 (in thousands). 7. To analyze the balance sheet, total assets equal total equity plus liabilities: $$\text{Assets} = \text{Equity} + \text{Liabilities}$$ 8. For 2024, total assets are 199,000 and for 2025, 232,500 (in thousands). 9. Share capital remains constant at 100,000, retained earnings increased from 22,500 to 26,000. 10. The increase in profit and retained earnings indicates improved financial performance in 2025 compared to 2024. Final answer: The company’s profit increased from 20,790 to 29,610 (in thousands) from 2024 to 2025, and total assets increased from 199,000 to 232,500 (in thousands), reflecting growth in financial position.